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ELEN [110]
3 years ago
6

The Townson Manufacturing Company has gathered the following information for the month of September: 9,900 units in the beginnin

g Work-in-Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs). 99,000 units were started into production. 66,900 units were completed and transferred to the next department. The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs. What are the equivalent units of production (EUPs) for the conversion costs in the month of September assuming Townson uses weighted-average process costing?
Business
1 answer:
andrezito [222]3 years ago
7 0

Answer: 82,650 units

Explanation:

Equivalent Units of Production (EUPs) for the conversion costs = Units transferred out + Percentage of completed Ending Inventory

Ending Inventory = Beginning Work-In-Process + Units started into production - Units transferred out

= 9,900 + 99,000 - 66,900

= 42,000 units

Equivalent Units of Production (EUPs) for the conversion costs = 66,900 + (3/8 * 42,000)

= 82,650 units

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3 years ago
People bring their abilities, goals, and experiences to each and every situation, which often changes the situation. Conversely,
kobusy [5.1K]

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interdependent person and situation factors.

Explanation:

Interpendent person refers to the type of person who realize that each individuals have their own negative and positive attributes, including themselves. This type of person realize that people need to rely on each other in order to cope with the negative attributes that they have.

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3 years ago
Revenue and Cash Receipts Journals Transactions related to revenue and cash receipts completed by Sycamore Inc. during the month
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Answer and Explanation:

The Preparation of revenue Journal and cash receipts Journal is shown below:-

                                        Revenue Journal

Date         Invoice     Debited accounts    Accounts received Dr,

<u>                  number                                      Fees earned Cr,</u>

<u>March 2       512          Santorini Co.                   $905</u>

<u>March 8       513           Gabriel Co.                      $220</u>

<u>March 12      514           Yarnell Inc.                      $845</u>

<u>March 20     515          Electronic Central Inc.     $195</u>

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                        Cash Receipts Journal

Date      Accounts    Post ref.   Fees          Accounts          Cash Dr,

<u>               credited                    earned Cr,  receivable Cr,                   </u>

March 4   CMI Inc.                                        $205                  $205

<u>March 19  Yarnell Inc                                   $555                   $555</u>

March 28 Marshall Inc.

<u>               (Fees earned)             $160                                        $160</u>

<u>March 29 Santorini Co.                                $905                   $905</u>

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<u>               (Fees earned)            $85                                           $85</u>

<u>                            Total              $245         $1,655                    $1,910</u>

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True

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